Martin Conyon
Biographic Data
| ID | 409963 |
|---|---|
| NAME | Martin Conyon |
| GIVEN NAMES | Martin |
| FAMILY NAME | Conyon |
| SIGNATURE | CONYON M |
| VERIFIED | No |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 11 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1995 |
| LATEST PUBLICATION YEAR | 2020 |
| H-INDEX | 2 |
Social Exchange and the Effects of Employee Stock Options
The authors assert that broad-based stock options create a social exchange relationship between the employer and employees, leading to higher individual job performance in the next period. They compare this social exchange hypothesis to the more typical incentive-based explanation for stock options, which is that holding options generates financial incentives for better individual job performance in the current period. Findings show that signific…
Stock Option Exercise and Gift Exchange Relationships: Evidence for a Large US Company
This paper examines whether employees respond to grants of stock options by increasing their subsequent performance. To identify a causal effect, we exploit the fact that one particular firm granted different employees different numbers of options, for reasons unrelated to performance. Using a difference-in-differences approach, we find a positive effect of options on subsequent performance ratings, particularly for employees whose initial perfor…
Taking care of business: The politics of executive pay in the United Kingdom
In the 1990s, the remuneration of executive directors of private corporations became a political issue in the United Kingdom. Although issues of pay equity featured prominently in post‐war British politics, the question of directors’ pay had previously generated no political controversy. In this article, we argue that nine distinct factors account for the politicisation of directors’ pay, together reflecting the transformation of the British poli…
Taking Care of Business: Executive Compensation in the United Kingdom
Journal Article Taking Care of Business: Executive Compensation in the United Kingdom Get access Martin Conyon, Martin Conyon Warwick Business School and Institute of Economics and Statistics Search for other works by this author on: Oxford Academic Google Scholar Paul Gregg, Paul Gregg University of Warwick and Centre for Economic Performance, LSE Search for other works by this author on: Oxford Academic Google Scholar Stephen Machin Stephen Mac…
Taking Care of Business: Executive Compensation in the United Kingdom
Journal Article Taking Care of Business: Executive Compensation in the United Kingdom Get access Martin Conyon, Martin Conyon Warwick Business School and Institute of Economics and Statistics Search for other works by this author on: Oxford Academic Google Scholar Paul Gregg, Paul Gregg University of Warwick and Centre for Economic Performance, LSE Search for other works by this author on: Oxford Academic Google Scholar Stephen Machin Stephen Mac…
Taking care of business: The politics of executive pay in the United Kingdom
In the 1990s, the remuneration of executive directors of private corporations became a political issue in the United Kingdom. Although issues of pay equity featured prominently in post‐war British politics, the question of directors’ pay had previously generated no political controversy. In this article, we argue that nine distinct factors account for the politicisation of directors’ pay, together reflecting the transformation of the British poli…
Taking Care of Business: Executive Compensation in the United Kingdom
Journal Article Taking Care of Business: Executive Compensation in the United Kingdom Get access Martin Conyon, Martin Conyon Warwick Business School and Institute of Economics and Statistics Search for other works by this author on: Oxford Academic Google Scholar Paul Gregg, Paul Gregg University of Warwick and Centre for Economic Performance, LSE Search for other works by this author on: Oxford Academic Google Scholar Stephen Machin Stephen Mac…
Taking care of business: The politics of executive pay in the United Kingdom
In the 1990s, the remuneration of executive directors of private corporations became a political issue in the United Kingdom. Although issues of pay equity featured prominently in post‐war British politics, the question of directors’ pay had previously generated no political controversy. In this article, we argue that nine distinct factors account for the politicisation of directors’ pay, together reflecting the transformation of the British poli…
Stock Option Exercise and Gift Exchange Relationships: Evidence for a Large US Company
This paper examines whether employees respond to grants of stock options by increasing their subsequent performance. To identify a causal effect, we exploit the fact that one particular firm granted different employees different numbers of options, for reasons unrelated to performance. Using a difference-in-differences approach, we find a positive effect of options on subsequent performance ratings, particularly for employees whose initial perfor…
Social Exchange and the Effects of Employee Stock Options
The authors assert that broad-based stock options create a social exchange relationship between the employer and employees, leading to higher individual job performance in the next period. They compare this social exchange hypothesis to the more typical incentive-based explanation for stock options, which is that holding options generates financial incentives for better individual job performance in the current period. Findings show that signific…
Corporate Finance and Governance (4 works) · Economics (4 works) · Business (2 works) · Executive compensation (2 works) · Finance (2 works) · Management (2 works) · Political science (2 works) · Psychology (2 works) · State Capitalism and Financial Governance (2 works) · Stock exchange (2 works)